Insurers: HHS mandate will not lower costs
CWN - February 22, 2012
American insurance companies do not believe that the distribution of contraceptives would lower the costs of health care, according to a new survey.
The results of the survey by Reimbursement Intelligence directly contradict the promises made by the Obama administration, which has said that insurance companies can cover the costs of contraceptives without raising their prices. “It was interesting that no one thought the mandate would offset costs by preventing unintended pregnancies,” said Rhonda Greenapple, the head of the market-research firm.
Insurance company executives expressed different opinions on the overall impact of the Obama mandate. Some thought that costs would increase, while others said there would be no major change because contraceptive costs are already included. Others were unsure of the mandate’s likely results, or felt that the results would be mixed. No insurance-company executive backed the White House claims.
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